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Ratings resets from Piper Jaffray after Black Friday checks

Nov. 28, 2016 8:13 AM ETThe Gap, Inc. (GPS) StockGPS, BBWI, HAS, SNMSFBy: Clark Schultz, SA News Editor1 Comment
  • Piper Jaffray is active with some rating moves in the retail sector after factoring in Black Friday shopping trends.
  • The investment firm boosts its rating on Gap (NYSE:GPS) and L Brands (NYSE:LB) to Neutral. Both stocks were languishing with Underweight ratings at PJ previously.
  • Toy makers Hasbro (NASDAQ:HAS) and Spin Master are lowered to a Neutral ratings on valuation calls. Hasbro is assigned a price target of $88 and Spin Master (OTC:SNMSF) is tagged with a C$39 PT.
  • Source: Bloomberg

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